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Macy’s, Inc. (NYSE:M) And J C Penney Company Inc. (NYSE:JCP) Hoping For Seasonable Weather For Improved Sales in Q4

by Brian Campbell - on Nov 13th 2014 - No Comments

Tomahawk, WI 11/13/2014 (Basicsmedia) – Macy’s, Inc. (NYSE:M) and J C Penney Company Inc. (NYSE:JCP) posted weakened sales for the month of October heading into the holiday season where both companies hope to generate improved sales. A decline in sales according Telsey Advisory group CEO, Dana Telsey, was down to a change in consumers...

General Motors Company (NYSE:GM) Forced To Trim Workforce To Slow Production Line

by Paul Young - on Nov 12th 2014 - No Comments

Tomahawk, WI 11/12/2014 (Basicsmedia) – General Motors Company (NYSE:GM) has announced that it will be laying off staff at its Lansing Grand River Assembly plant as the company tries to bring down production to one shift. CNBC’s Phil Lebeau reports that the latest round of layoffs will affect 350 workers as the automaker tries to...

GoPro Inc. (NASDAQ:GPRO) Is Not A Revenue Story But A Mainstream Company: Michael Pachter

by Brian Campbell - on Nov 6th 2014 - No Comments

Tomahawk, WI 11/06/2014 (Basicsmedia) – GoPro Inc. (NASDAQ:GPRO) posted its first full-quarter earnings as a public company that beat estimates as the company continues to gain customer confidence with its wide array of camera products. During an interview on CNBC, Wedbush Equity Research Managing Director, Michael Pachter, said the...

GoPro Inc. (NASDAQ:GPRO) The Real Deal But Expensive: Jim Cramer

by Ryan Hurley - on Nov 5th 2014 - No Comments

Tomahawk, WI 11/05/2014 (Basicsmedia) – Bulls and bears are entangled in a fierce battle about the future prospects of GoPro Inc. (NASDAQ:GPRO) especially after posting better than expected Q3 earnings. CNBC’s Jim Cramer acknowledges that GoPro is the real deal in the market, but quite expensive for anyone who may want to buy some...

Ryanair Holdings plc (ADR)(NASDAQ:RYAAY) CEO Michael O’Leary Rubbishes Worst Brand Remarks

by Brian Campbell - on Nov 3rd 2014 - No Comments

Tomahawk, WI 11/03/2014 (Basicsmedia) – Ryanair Holdings plc (ADR) (NASDAQ:RYAAY) CEO, Michael O’Leary, has rubbished claims that the company is the second worst provider of customer service in the world. During an interview on CNBC, O’Leary reiterated that the survey by Siegel+Gales does not depict what is happening on the ground...

Baidu Inc. (ADR) (NASDAQ:BIDU) Able to Challenge Tencent Holdings Ltd (OTCMKTS:TCTZF)’s Online Dominance: Henry Guo

by Brian Campbell - on Oct 30th 2014 - No Comments

Tomahawk, WI 10/30/2014 (Basicsmedia) – China search giant Baidu Inc. (ADR) (NASDAQ:BIDU) failed to spark the market after reporting earnings that fell short of Wall Street estimates despite ongoing traffic growth into the site. During an interview on CNBC, JG Capital’s Henry Guo, argued that the results were solid considering there...

Snapdeal The Next Alibaba Group Holding Ltd (NYSE:BABA): Masayoshi Son

by Brian Campbell - on Oct 29th 2014 - No Comments

Tomahawk, WI 10/29/2014 (Basicsmedia) – Softbank Corp (USA)(OTCMKTS:SFTBF) CEO, Masayoshi Son, remains confident that Snapdeal has the potential to follow on the footstep of Alibaba Group Holding Ltd (NYSE:BABA) and become a force to reckon with on e-commerce. During an interview on CNBC, Son reiterated that Softbank Corp (USA)(OTCMKTS:SFTBF)...

Google Inc. (NASDAQ:GOOG) Disappoints on Earnings As Advertisers Remain Skeptical

by Paul Rados - on Oct 17th 2014 - No Comments

Tomahawk, WI 10/17/2014 (Basicsmedia) –  Google Inc. (NASDAQ:GOOG) third-quarter earnings came short of analyst estimates as the company continues to invest on projects it believes will offset a decline of revenues on the advertising front.  During an interview on CNBC, Enderle Group president, Rob Enderle, said that a drop in revenue...

Netflix, Inc. (NASDAQ:NFLX)’s Subscriber Growth Concern

by Jason Gonzalez - on Oct 16th 2014 - No Comments

Tomahawk, WI 10/16/2014 (Basicsmedia) –  Netflix, Inc. (NASDAQ:NFLX) might finally be showing some signs of weakness in the video-streaming business after recording a slowdown in the total number of subscribers in the third-quarter. CEO, Reed Hastings, during an interview on CNBC, admitted that an increase in prices for subscription...

Domino’s Pizza, Inc. (NYSE:DPZ) Marks 83rd Consecutive Quarter Of growth On Q3 Earnings

by Paul Young - on Oct 15th 2014 - No Comments

Tomahawk, WI 10/15/2014 (Basicsmedia) – Domino’s Pizza, Inc. (NYSE:DPZ)’s third-quarter profit of 63 cents a share against analyst estimates of 61 cents a share catapulted the stock to margins it  has not tested in over two years. During an interview on CNBC, CEO, Patrick Doyle, attributed the impressive performance to everything...